Om Galaxy IPO Details
Issue Date
10 Sep - 15 Sep'26
Price Band
₹85 - ₹90
Lot Size
1600 Shares
IPO Size
₹105 Cr
Listing At
BSE
Overall Subscription
1.97x
Om Galaxy IPO Listing Details
Listing On
18 Sep'26
Issue Price
₹90
Listed Price
₹ 90.2
Retail Gain/Listing Gain
0.22%Increase
Schedule of Om Galaxy IPO
IPO Open Date
10/09/2026
IPO Close Date
15/09/2026
Basis of Allotment
16/09/2026
Refund Initiation
17/09/2026
Credit of Shares
17/09/2026
Listing on exchange
18/09/2026
Om Galaxy IPO Subscription Status Live
(Last updated on 15 Sep 2026 03:45 PM)
Day | Total | QIB | Retail | NII |
|---|---|---|---|---|
Day 1 10-Sep-2026 | 0.58x | 1.81x | 0.04x | 0.29x |
Day 2 11-Sep-2026 | 0.95x | 3.11x | 0.09x | 0.3x |
Day 3 15-Sep-2026 | 1.84x | 5.17x | 0.48x | 0.9x |
About Om Galaxy IPO
The Om Galaxy IPO, an SME IPO, opens on Thursday, September 10, 2026 and closes on Tuesday, September 15, 2026. The allotment of shares will take place on Wednesday, September 16, 2026. The credit of shares to the demat account will take place on Thursday, September 17, 2026. The initiation of refunds will take place on Thursday, September 17, 2026. The listing of shares will take place on Friday, September 18, 2026.
The equity shares of the company are proposed to be listed on the BSE SME platform.
The offer consists of a fresh issue component. The fresh issue will include 1,16,67,200 shares aggregating up to ₹105 crore. The total number of shares is 1,16,67,200, aggregating up to ₹105 crore.
Om Galaxy IPO's price band is set at ₹85 to ₹90 per share. The lot size for an application is 1,600 shares, and the minimum application is 2 lots (3,200 shares). The minimum amount of investment required by a retail investor is ₹2,88,000 (3,200 shares) based on the upper price.
Om Galaxy designs, develops, and manufactures pipe fitting moulds, industrial moulds, automotive moulds, and hot runner systems for the building materials, plastics and polymer processing, and automotive sectors.
Objectives of Om Galaxy IPO
- Capital expenditure towards setting up a new manufacturing unit for consolidation of the company's existing manufacturing units and expansion of its production capacities.
- Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company.
- General corporate purposes.

Om Galaxy IPO Review 2026 | ₹105 Cr IPO Opens 10–15 September | Apply or Wait?
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Om Galaxy IPO Valuation
Detail | Information |
|---|---|
Upper Price Band | ₹90 |
Fresh Issue | 1,16,67,200 shares (aggregating up to ₹105 crore) |
EPS Diluted (in ₹) for FY26 | 7.20 |
IPO Lot Size
Application | Lots | Shares | Amount |
|---|---|---|---|
Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,88,000 |
Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,88,000 |
S-HNI (Min) | 3 | 4,800 | ₹4,32,000 |
S-HNI (Max) | 6 | 9,600 | ₹8,64,000 |
B-HNI (Min) | 7 | 11,200 | ₹10,08,000 |
Share Offer and Subscription Details
Investor Category | Shares Offered |
|---|---|
QIBs | Not more than 50% of the net offer |
Non-institutional Investors (NIIs) | Not less than 15% of the net offer |
Retail-individual Investors (RIIs) | Not less than 35% of the net offer |
Industry Outlook
Dies and moulds are the backbone of precision plastic manufacturing. They shape components for pipe fittings, automotive parts, industrial goods, and electronics. Demand tracks the growth of India's wider manufacturing economy.
India's dies and moulds and hot runner systems market, the total addressable market, is projected to grow at a CAGR of 8.7%, from ₹98.0 thousand crore in FY 26 to ₹136.9 thousand crore by FY 30, driven by expansion across the automotive, consumer goods, and electronics industries. Within this, the hot runner systems market was valued at ₹1,834.4 crore in FY 26. The market is fragmented, with over 5,000 manufacturers ranging from small local players to established firms.
Electric vehicle adoption is a key demand driver. EV penetration in India rose from 0.7% in CY 20 to 9.8% in CY 25 and is projected to expand at a CAGR of 49% between CY 20 and CY 30, creating new tooling requirements for battery casings, motor housings, and lightweight enclosures.
About Om Galaxy Limited
Om Galaxy manufactures moulds. The company and its subsidiaries operate seven manufacturing units with a combined area of 88,652.16 sq. ft. across Vasai in Palghar district and Pune, Maharashtra, employing around 630 people. It has built its pipe fittings and industrial moulds business over 17 years and serves clients in building materials, plastics and polymer processing, automotive, and industrial engineering. The Company operates two direct subsidiaries. OMG Auto Mould Private Limited, held 75%, manufactures automotive moulds from Pune, while Infuse HRS Private Limited, held 73%, manufactures hot runner systems. During Fiscal 2025, the Company diversified into cleaning products under the WONDRA brand, and it held 77 SKUs under that brand as of June 30, 2026.
Strengths of Om Galaxy
- A diversified product portfolio spanning pipe fitting moulds, industrial moulds, automotive moulds, hot runner systems, and WONDRA-branded cleaning products reduces dependence on any single line.
- In-house hot runner systems capability through Infuse HRS lets the Company offer integrated mould-and-hot-runner solutions to its clients.
- The company is a forward-integrated player serving both the pipe fittings and automotive sectors, with an established export presence.
Risks of Om Galaxy
- A significant portion of revenue comes from the pipe fittings mould business, and any decline in demand for these moulds would directly hurt earnings.
- The company has no long-term binding agreements with most customers, leaving order volumes exposed to shifts in client requirements and market conditions.
- Under-utilisation of expanded manufacturing capacity after the new unit is built could raise fixed costs and depress margins.
- The WONDRA cleaning products business reported a negative EBITDA of ₹70.46 Lakhs in Fiscal 2026, and this segment may not reach profitability in the near term.
- Setting up and consolidating operations into the new manufacturing unit involves substantial capital outlay and relocation risk, and delays could disrupt business continuity.
Om Galaxy Financials
Year | Year Data |
|---|---|
FY24 | 104.56 |
FY25 | 112.66 |
FY26 | 124 |
Peer Comparison
The RHP states that there are no listed companies in India comparable to Om Galaxy in terms of business activities, size, and scale.
Anchor Investor Bidding Date
Wednesday, September 9, 2026
IPO Registrar and Book Running Lead Managers
Registrar Details
Bigshare Services Private Limited
Email: ipo@bigshareonline.com
Tel. No.: +91-22-62638200
Book Running Lead Manager
Indorient Financial Services Limited
Om Galaxy Contact Details
4/5/6 Blue Chip No 5, Industrial Estate, Sativali Road, Village Valiv,
Vasai, Thane, Maharashtra-401208, India
Email: cs@omgalaxymould.com
Tel: + 91-7770017943
Om Galaxy Business Model
The company earns its revenue through the design, development, and manufacture of pipe fitting moulds, industrial moulds, automotive moulds, and hot runner systems, supplied on an order basis to clients in the building materials, plastics and polymer processing, and automotive industries. Automotive moulds are produced through its subsidiary OMG Auto Mould Private and hot runner systems through Infuse HRS Private Limited.
Om Galaxy Growth Trajectory
Om Galaxy Limited's Total Income for FY 26 was ₹124.68 crore, whereas in FY 25 and FY 24 it was ₹113.13 crore and ₹105.12 crore, respectively.
The Profit After Tax for FY 26 was ₹16.64 crore, whereas in FY 25 and FY 24 it was ₹15.92 crore and ₹12.04 crore, respectively.
Their EBITDA for FY 26 was ₹32.82 crore, whereas in FY 25 and FY 24 it was ₹29.36 crore and ₹24.60 crore, respectively.
Om Galaxy Market Position
Om Galaxy operates seven manufacturing units across Vasai in Palghar district and Pune, Maharashtra, giving it a manufacturing footprint of 88,652.16 sq. ft. It supplies domestic clients across building materials, plastics, and automotive industries and exports to North America, Asia, and Africa, and reported a consolidated order book of ₹94.42 crore as of August 15, 2026.
As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹124.68 crore, ₹16.64 crore, and ₹32.82 crore, respectively.
Om Galaxy Profit and Loss Statement (in ₹ crore)
Parameter | FY 26 | FY 25 | FY 24 |
|---|---|---|---|
Total Income | 124.68 | 113.13 | 105.12 |
Profit Before Tax | 22.34 | 21.64 | 16.01 |
Profit After Tax | 16.64 | 15.92 | 12.04 |
EPS (Diluted) ₹ | 7.20 | 6.89 | 5.38 |
EBITDA | 32.82 | 29.36 | 24.60 |
Om Galaxy Balance Sheet (in ₹ crore)
Parameter | FY 26 | FY 25 | FY 24 |
|---|---|---|---|
Profit Before Tax | 22.34 | 21.64 | 16.01 |
Net Cash from Operating Activities | 35.03 | 26.77 | 3.43 |
Net Cash from Investing Activities | (44.33) | (18.08) | (5.28) |
Net Cash from Financing Activities | 10.16 | (8.47) | 2.13 |
Cash & Cash Equivalents | 1.59 | 0.70 | 0.54 |
Note: () denotes negative
How to apply for Om Galaxy IPO?
- Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Om Galaxy IPO FAQs
The Om Galaxy IPO opens for subscription from 10-09-2026 to 15-09-2026, with a total issue size of ₹105 Cr. The IPO price band is ₹85 to ₹90 per share with a lot size of 3200. The company aims to list the shares on BSE & NSE on 18-09-2026.
The Om Galaxy IPO will open for subscription on 10-09-2026 and will close on 15-09-2026 for investors.
The lot size of Om Galaxy IPO is 3200 equity shares, requiring a minimum investment of ₹144000/2 Lots for retail investors applying in the IPO.
The price band of the Om Galaxy IPO has been fixed at ₹85 to ₹90 per equity share.
You can apply for the Om Galaxy IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Om Galaxy IPO allotment will take place on 16-09-2026.
You can check the Om Galaxy IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Om Galaxy shares will list on the stock exchanges on 18-09-2026.
You can find detailed information about the Om Galaxy IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).
Opindersingh Bachattarsingh Baddhan is the Chairman and Managing Director of Om Galaxy Limited.
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This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.










